Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: newsreporter Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 330  
Subject: Double Digit Growth in Earnings Date: 4/26/2011 4:17 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Bed Bath & Beyond Looks for Double Digit Growth in Earnings
http://goo.gl/hWl6v


It's always nice when a store you like to shop in becomes a success. Bed Bath and Beyond (BBBY) is that kind of store. I'm a kitchen gadget freak, so I love this store. I try not to be an impulse shopper, but as I wander the store I sometimes find bargains I didn't expect and can't pass up. Today I can't pass up the stock. Same store sales are up 7% year over year. They are on target to add 40 new stores this year and another 40 to 50 next year. Margin squeezes have been offset by savings in SG&A so I think this looks like a well managed company. The price is on a roll.

...

Technical reasons to consider:

- 96% Barchart technical buy signal
- Trend Spotter buy signal
- 11 new highs and up 25.10% in the last month
- Relative Strength Index 80.94% and climbing
- Trades around 57.02 with a 50 day moving average of 49.28

Fundamental reasons to consider:

- Wall Street brokerage analysts are high on this stock
- They have published 9 strong buy, 2 buy and 14 hold recommendations
- Sales are expected to increase by 7.40% this year and 7.00% next year
- Earnings are estimated to increase by 15.30% this year, 14.40% next year and 13.41% next 5 years

Investor Sentiment considerations:

- Stock is widely followed on Motley Fool with 1636 individual investors giving an opinion
- CAPS members vote 988 to 202 that the stock will beat the market
- The more experienced All Stars vote the same way by 402 to 44

Bed Bath and Beyond should be on you watch lists.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

The Story Behind the Story
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement